Dustin Wolf buyout calculator, cap hit impact

Dustin Wolf Buyout Cap Implications

Birthdate April 16, 2001

If Dustin Wolf was bought out prior to the 2021-2022 season.

The annual cap hit of a buyout is calculated year by year as follows:

  • Add together the Original Cap Hit and the Contract Signing Bonus for that year
  • Subtract the Contract Total Salary for that year (base salary + signing bonus).
  • Finally, add the Annual Buyout Cost as calculated below.

He would be 20 years old at the buyout giving him a 33% buyout multiplier.
Under 26 = 1/3 multiplier
26+ = 2/3 multiplier

The total buyout cost would be $758,333
Remaining base salary
($2,275,000 * 33% buyout multiplier)
.

3 years left in contract.
Buyout applied over 6 years
(2x years remaining on contract)

Annual buyout cost of $126,389
(Total buyout cost/6 years)

Dustin Wolf projected buyout 2021-2022 season
2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027
Remaining Base Salary
$2,275,000
$750,000 $750,000 $775,000 $0 $0 $0
Original Cap Hit $814,167 $814,167 $814,167 $0 $0 $0
Contract Signing Bonus $82,500 $85,000 $0 $0 $0 $0
Contract Total Salary ($832,500) ($835,000) ($775,000) ($0) ($0) ($0)
Annual Buyout Cost $126,389 $126,389 $126,389 $126,389 $126,389 $126,389
ACTUAL CAP HIT Calgary Flames logo $190,556 $190,556 $165,556 $126,389 $126,389 $126,389
Savings $623,611 $623,611 $648,611 $-126,389 $-126,389 $-126,389

Active Contract

Signing Team
Signing Date May 1, 2020
Entry Level Contract | 3 Years $2,442,501 1.00% of cap space
2020-2021 2021-2022 2022-2023 2023-2024
Cap Hit $815,833 $814,167 $814,167 $814,167
RFA
AAV $827,500 $825,833 $825,833 $825,833
Performance Bonuses $0 $20,000 $0 $15,000
Base Salary $0 $750,000 $750,000 $775,000
Signing Bonuses $80,000 $82,500 $85,000 $0
Total Salary $80,000 $832,500 $835,000 $775,000
Minors Salary $0 $70,000 $70,000 $70,000
Clauses
ENTRY-LEVEL SLIDE
UFA Year
Buy It Out Buy It Out Buy It Out